Investor-focused Tigard duplex listed at $735,000 with both units leased at $2,300/month. Scheduled gross income is $55,200/year with reported annual operating expenses of approximately $4,585, producing an estimated NOI of $50,615 and an estimated 6.89% cap rate at list price. GRM is approximately 13.32.Each unit offers approximately 1,132 square feet with 3 bedrooms, 1.5 bathrooms, air conditioning, deck, dishwasher, washer/dryer, and functional two-level layouts. Both units have been updated in recent years with new carpet downstairs and vinyl flooring on the main level. Bedrooms and full bathrooms are located on the lower level, while each unit features a private back deck overlooking Fanno Creek, mature trees, and natural surroundings.Tenants are responsible for utilities, supporting cleaner expense management for the owner. A strong long-term hold opportunity with immediate income, tenant occupancy in place, updated interiors, and a desirable Tigard location.
Active
$735,000
9295 SW Hill St, Tigard, OR 97223
6beds
2,264sqft
Multi Family
Built in 1989
-- sqft lot
$-- Zestimate®
$325/sqft
$-- HOA
What's special
Functional two-level layoutsNew carpet downstairsUpdated interiorsAir conditioning
- 12 days |
- 511 |
- 17 |
Zillow last checked:
Listing updated:
Listed by:
Mitchell Heiner mitch.heiner@worksrealestate.co,
Works Real Estate
Source: RMLS (OR),MLS#: 270374659
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 2
- Partial bathrooms: 2
Heating
- Heat Pump, Mini Split
Cooling
- Heat Pump, Air Conditioning
Appliances
- Included: Dishwasher, Washer/Dryer, Electric Water Heater
Features
- Basement: Crawl Space
Interior area
- Total structure area: 2,264
- Total interior livable area: 2,264 sqft
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Garage
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Stories: 2
- Patio & porch: Deck
- Has view: Yes
- View description: Creek/Stream
- Has water view: Yes
- Water view: Creek/Stream
- Waterfront features: Creek, Stream
- Body of water: Fanno Creek
Lot
- Size: 7,840 Square Feet
- Dimensions: 115 x 70
- Features: Gentle Sloping, Trees, SqFt 7000 to 9999
Details
- Parcel number: R468121
- Zoning: RES-D
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- T111 Siding
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Updated/Remodeled
- Year built: 1989
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected
Community & HOA
Community
- Security: Entry, Sidewalk
Location
- Region: Tigard
Financial & listing details
- Price per square foot: $325/sqft
- Tax assessed value: $533,890
- Annual tax amount: $5,165
- Date on market: 7/2/2026
- Listing terms: Cash,Conventional
- Total actual rent: 4600
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/3/2026 | Listed for sale | $735,000-2.6%$325/sqft |
Source:  RMLS (OR) #270374659 Report a problem | ||
| 1/17/2025 | Listing removed | -- |
Source: Owner Report a problem | ||
| 10/19/2024 | Listed for sale | $755,000$333/sqft |
Source: Owner Report a problem | ||
| 10/4/2024 | Listing removed | -- |
Source: Owner Report a problem | ||
| 6/13/2024 | Listed for sale | $755,000+3.6%$333/sqft |
Source: Owner Report a problem | ||
| 2/3/2024 | Listing removed | -- |
Source: Owner Report a problem | ||
| 1/7/2024 | Price change | $729,000+1%$322/sqft |
Source: Owner Report a problem | ||
| 10/8/2023 | Listed for sale | $722,000-3.6%$319/sqft |
Source: Owner Report a problem | ||
| 10/19/2022 | Listing removed | -- |
Source: Owner Report a problem | ||
| 9/19/2022 | Listed for sale | $749,000+11%$331/sqft |
Source: Owner Report a problem | ||
| 1/13/2022 | Listing removed | -- |
Source: Owner Report a problem | ||
| 12/8/2021 | Listed for sale | $675,000+205.4%$298/sqft |
Source: Owner Report a problem | ||
| 5/21/2004 | Sold | $221,000$98/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,165 +9.6% | $276,320 +3% |
| 2024 | $4,711 +2.8% | $268,280 +3% |
| 2023 | $4,585 +7.2% | $260,470 +7.2% |
| 2022 | $4,279 +2.6% | $242,990 |
| 2021 | $4,171 +3.1% | -- |
| 2020 | $4,046 +4.5% | $229,050 +3% |
| 2019 | $3,871 +4.2% | $222,380 |
| 2018 | $3,714 | $222,380 +6.1% |
| 2017 | $3,714 +8.6% | $209,630 +3% |
| 2016 | $3,419 | $203,530 +3% |
| 2015 | $3,419 +4% | $197,610 +3% |
| 2014 | $3,286 +14% | $191,860 +3% |
| 2013 | $2,882 +0.3% | $186,280 +3% |
| 2012 | $2,872 +2.4% | $180,860 -10.8% |
| 2011 | $2,805 +0.3% | $202,720 -17.8% |
| 2010 | $2,797 +1.4% | $246,640 -2.7% |
| 2009 | $2,758 +4.5% | $253,500 -6.3% |
| 2008 | $2,640 +2.7% | $270,550 +1.5% |
| 2007 | $2,570 +7.7% | $266,550 +6.8% |
| 2006 | $2,386 -0.7% | $249,640 +16.3% |
| 2005 | $2,404 +3.2% | $214,740 +4.7% |
| 2004 | $2,329 +2.3% | $205,100 +10.9% |
| 2003 | $2,276 +2.3% | $184,950 +9% |
| 2002 | $2,226 +9.9% | $169,670 +3.4% |
| 2001 | $2,025 +6.2% | $164,130 -2.8% |
| 2000 | $1,907 | $168,940 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Downtown
Nearby schools
GreatSchools rating
- 5/10James Templeton Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 5/10Twality Middle SchoolGrades: 6-8Distance: 0.7 mi
- 4/10Tigard High SchoolGrades: 9-12Distance: 1.5 mi
Schools provided by the listing agent
- Elementary: Templeton
- Middle: Twality
- High: Tigard
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
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